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OneStream Announces Full Exercise of Underwriters' Option to Purchase Additional Shares in Secondary Offering of Class A Common StockA deal with independents will require Fianna Fáil and Fine Gael to back Wexford TD Verona Murphy as Ceann Comhairle next week. Formal talks between the two main parties and the nine TDs forming the Regional Group are to begin next week, but they are expecting support for Ms Murphy who is their nomination for the powerful position of Ceann Comhairle. Tipperary North TD Michael Lowry urged the leaders of both Fianna Fáil and Fine Gael to back Ms Murphy. “Her nomination marks a significant milestone in the political landscape and will further reflect the necessity for inclusivity and diversity in Dáil Éireann,” a spokesperson for the group said. The Wexford TD would be the first woman to hold the powerful position, if elected by secret ballot when the Dáil returns next Wednesday. Mr Lowry is to lead the early engagement between the Regional Group and the two main parties, with the Tipperary TD to meet with both Fianna Fáil’s Jack Chambers and Fine Gael’s Helen McEntee early next week. Following this, it is expected that the Regional Group will formally appoint negotiators. Soc Dems may continue talks Meanwhile, the Social Democrats are set to decide before the end of the week whether or not to continue with government formation talks . Senior members of the Social Democrats met with both the Taoiseach and Tánaiste at Government Buildings yesterday evening, with deputy leader Cian O’Callaghan describing the meetings as having a “good level of engagement”. Mr O’Callaghan said that he would be updating the Social Democrats parliamentary party today, before any decision is made on whether to continue negotiations. “There could be further engagement after tomorrow,” Mr O’Callaghan said. There were “detailed discussions” on issues around climate, housing, childcare, healthcare, and disability, Mr O’Callaghan said. There was “some interest” in the party’s red line on having a standalone senior minister for disabilities, and it wasn’t “rejected outright”, he said. Mr O’Callaghan said the most challenging discussion was around climate — with the party having called for a revised climate action plan during the election campaign. Mr O’Callaghan said: Probably the most challenging area in terms of discussions we’ve had so far was in terms of climate, but there’s challenges in other areas as well. In a statement following their meeting, Fine Gael leader Simon Harris said he was “grateful” to have sat down with the Social Democrats to discuss policy. “I look forward to hearing from them in the coming days,” he said. While these early talks took place with the Social Democrats, negotiators from Fine Gael and Fianna Fáil held their first full day of talks yesterday. A joint statement from the two parties said they had a “positive and constructive initial discussion on the future programme for government”. The statement added: Both parties will continue to engage on issues over the coming days. It comes as neither Micheál Martin nor Simon Harris would set out who would become taoiseach first when a new government is formed. Mr Harris said that he would not speculate, while Mr Martin said that he would respect the talks between Fianna Fáil and Fine Gael.Police roll up sleeves for Bleed4Blue
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Why Palo Alto Networks’ stock is having its worst day in nine monthsFury as Labour were warned MONTHS ago by Vauxhall owners that electric car targets threatened Luton factory By DAVID CHURCHIL CHIEF POLITICAL CORRESPONDENT Published: 17:32 EST, 27 November 2024 | Updated: 17:32 EST, 27 November 2024 e-mail View comments Ministers came under fire today after admitting they were warned months ago that a Vauxhall factory could close because of electric car sales targets. Business Secretary Jonathan Reynolds told the Commons that the boss of Stellantis, which owns Vauxhall, first warned him just 10 days after the election in mid-July. But he failed to launch a review of the EV sales mandate until this week - too late to save the Luton-based factory and up to 1,100 jobs. During a heated debate in the Commons, the Tories ’ business spokesman Andrew Griffith jumped on the admission, accusing the Government of ‘killing’ jobs by dragging its feet. It came as industry figures obtained by the Daily Mail revealed that less than one in five EVs have been sold to private buyers this year, plunging Labour’s net-zero plans deeper into chaos. Between January and October just 19.8 per cent of EVs were sold to private motorists, with businesses buying the rest. This was down from 23.5 per cent for the same period last year. It is a major blow for the Government’s target of banning new petrol and diesel car sales by 2030 - which it brought forward five years - because convincing more than 30million drivers to make the switch to EVs is one of the biggest hurdles it faces. Business Secretary Jonathan Reynolds told the Commons that the boss of Stellantis, which owns Vauxhall, first warned him just 10 days after the election in mid-July. But he failed to launch a review of the EV sales mandate until this week Today the chairman of Ford in Britain, Lisa Brankin (pictured), said the car giant supports the Government’s net-zero ambitions but that there currently ‘isn’t customer demand’ for EVs The Vauxhall factory in Luton. Ministers came under fire today after admitting they were warned months ago that a Vauxhall factory could close because of electric car sales targets Today the chairman of Ford in Britain, Lisa Brankin, said the car giant supports the Government’s net-zero ambitions but that there currently ‘isn’t customer demand’ for EVs, telling BBC Radio 4’s Today programme: ‘Without demand the [sales] mandate just doesn’t work.’ She called on the government to create financial incentives for private buyers to stimulate demand. By contrast, businesses enjoy tax breaks if they buy EVs. Stellantis announced the closure of the Vauxhall van-making factory on Tuesday, putting around 1,100 jobs at risk. The firm said the sales targets, known as the ‘ZEV mandate’ and initially introduced by the previous Tory government, were partly to blame. Ministers are now expected to drastically water down the mandate. Quizzed in the Commons about how long he’d known that the Vauxhall factory was under threat, Mr Reynolds said he was informed ten days after the election by Stellantis’s CEO. Mr Griffith replied: ‘The government’s policy on zero-emission vehicles is a jobs killer. They say they have been talking [to Stellantis] since July. ‘So why, Mr Speaker, this panicked U-turn when it’s already too late?’ He added: ‘The closure of the Luton plant, I fear, is just a downpayment on jobs that will be lost under this Government’s relentless attacks on industry, its neglect of the realities of business and its failure to meet its promise not to raise taxes.’ Vauxhall factory in Luton. Stellantis announced the closure of the Vauxhall van-making factory on Tuesday, putting around 1,100 jobs at risk During a heated debate in the Commons, the Tories ’ business spokesman Andrew Griffith jumped on the admission, accusing the Government of ‘killing’ jobs by dragging its feet Mr Reynolds hit back, saying the attack was ‘the single most dishonest statement I have heard’ because it was the Tories who introduced the ZEV mandate. But he was accused of hypocrisy by Tory MP Saqib Bhatti, who pointed out that Mr Reynolds voted in favour of the sales mandate when it went through the Commons. Under the mandate, at least 22 per cent of new cars sold by manufacturers in the UK this year must have zero-emission capability. For vans it is 10 per cent. This is set to increase to 28 per cent next year and will rise each year over the next decade - to 80 per cent in 2030 and 100 per cent in 2035. Labour Share or comment on this article: Fury as Labour were warned MONTHS ago by Vauxhall owners that electric car targets threatened Luton factory e-mail Add commentLockheed Martin Elects John C. Aquilino to Board of Directors
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